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Egg Protein Powder Market: Strong Growth Predicted with a CAGR of 7.5% by 2029
"The egg protein powder market continues its robust growth driven by evolving preferences and increasing adoption in the sports nutrition sector.
What Is The Projected Market Size Of The Global Egg Protein Powder Market And Its Growth Rate?
• The egg protein powder market size will grow from $4.9 billion in 2024 to $5.22 billion in 2025, representing a CAGR of 6.6%.
• This growth can be attributed to fitness and sports nutrition, dietary preferences, an allergen-free option, as well as baking and culinary applications.
• In the forecast period, the market size is expected to grow to $6.98 billion in 2029 at a CAGR of 7.5%, propelled by factors such as health and wellness, alternative ingredients, sustainability initiatives, digital marketing, and e-commerce, and plant-based alternatives.
What Is Driving The Growth In The Egg Protein Powder Market?
Strong growth in the nutraceuticals & supplement industry is acting as a potent catalyst for the growth of the egg protein powder market. Its usage as a supplement, owing to its high bioavailability and lactose-free properties, proves beneficial for muscle recovery due to its low carbohydrate and fat content. For instance, according to the Food Safety and Standards Authority of India (FSSAI), the Indian nutraceutical market is set to reach around $18 billion by 2025, driving further demand for egg protein powder as an essential and nutritional supplement.
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Who Are the Key Players Driving Egg Protein Powder Market Growth?
The dominant players in the egg protein powder market are:
• Avangardco Investments Public Limited,
• Bouwhuis Enthoven B.V.,
• BNL Food Group B.V.,
• DEB EL FOOD B.V.,
• Eurovo Group,
• Kewpie Corporation,
• NOW Health Group Inc.,
• VPA Australia Pty Ltd,
• Rose Acre Farms Inc.,
• Sanovo Technology Group,
• DEPS B.V.,
• Taiyo Kagaku Co. Ltd.,
• Cargill Incorporated,
• Archer Daniels Midland Company,
• DuPont de Nemours Inc.,
• Evonik Industries AG,
• BASF SE.
What Are The Key Trends In The Egg Protein Powder Market?
Key trends in the egg protein powder market include:
• Allergen-free and food sensitivity solutions,
• Technological advancements,
• Functional ingredients,
• Innovative applications,
• New product developments.
What Are The Segments Of The Global Egg Protein Powder Market?
The egg protein powder market is segmented by:
1) Type: Whole Egg Powder, Egg Yolk Powder, Egg White Powder
2) Form: Solid, Liquid
3) Application: Supplements, Bakery Products, Meat Products, Ice Creams, Other Applications
Which Region Leads The Egg Protein Powder Market?
Asia-Pacific was the largest region in the egg protein powder market in 2024. Other regions covered in our report include Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa.
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What Is Covered In The Egg Protein Powder Market Global Market Report?
- Market Size Analysis: Analyze the Egg Protein Powder Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Egg Protein Powder Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Egg Protein Powder Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Egg Protein Powder Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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